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Form 853
Removal of Aircraft / Authorizations
(AOC and Navigational Instruments)
Application Form
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What is form 853?
Form 853 is a form used by taxpayers to report the transfer of property to a corporation in exchange for stock.
Who is required to file form 853?
Taxpayers who transfer property to a corporation in exchange for stock are required to file form 853.
How to fill out form 853?
Form 853 must be filled out with details of the property transferred, the value of the property, and the number of shares of stock received in exchange.
What is the purpose of form 853?
The purpose of form 853 is to report the transfer of property to a corporation in exchange for stock for tax purposes.
What information must be reported on form 853?
Information such as the description of the property transferred, the value of the property, and the number of shares of stock received must be reported on form 853.
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